Qinetiq wins more contracts with defence departments amid war in Ukraine
The FTSE 250-listed company's missile targeting arm delivered a number of notable contract wins and deliveries for customer training exercises in Europe
Company
QinetiQ Group PLC
LON:QQ.
QinetiQ Group PLC is an international defence and security technology company with over 8,000 employees in Europe, Middle East and Australasia and more than 5,500 in North America. QinetiQ provides research, technical advice, technology solutions and services to customers in core markets of defence and security, and increasingly in the transfer of expertise and capabilities into adjacent markets such as energy and environment.
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QinetiQ bags contract with US Army
The science and engineering company signed a five-year contract worth up to US$45mln
QinetiQ grows ‘robust’ order book amid rising geopolitical uncertainty
“Recent world events have reinforced the long-term needs of our customers," said chief executive Steve Wadey
QinetiQ reports 'strong' fourth quarter and expects to beat guidance for the year
“Recent world events have reinforced the long-term needs of our customers,” said chief executive Steve Wadey
QinetiQ on track to meet full-year forecast
The defence group said its order book stands at £900mln, with revenue, operating profit and cash flow all in line with expectations
QinetiQ looks attractive to Citi after contract problems
The high-tech defense group’s share price rose 4.7% on Friday to 256.4p
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QinetiQ warns of supply chain issues with large complex programme
The defence group said it is maintaining short and medium-term guidance
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FTSE 100 finishes near flat on Friday but Wall Street stocks higher after jobs report
Britain's blue chip benchmark closed down nearly two points, or 0.03%, at 7,123
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Qinetiq set to beat forecasts after strong final quarter
“Full-year order intake has been strong and we expect to deliver high teens percentage revenue growth"
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QinetiQ wins £127mln contract from UK Ministry of Defence
This contract has been won through the Engineering Delivery Partner framework announced in November
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Qinetiq gets a 'buy' rating from UBS on international progress
The analysts believe the “relatively shrinking exposure” to lower-margin contracts in the UK and better contract mix should drive margins improvement
QinetiQ says order intake strong despite contract disruption from coronavirus
The defence contractors also announced the acquisition of Manchester-based software and data analytics company Naimuri for £25mln
QinetiQ expects revenue hit from pandemic, continues to work
The firm said its work is “vital to maintaining the capabilities of defence, security and critical national infrastructure, including the emergency services”
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Qinetiq strengthens training capability with £14mln simulation specialist
Qinetiq's own trading has continued on track in the second half of the year
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QinetiQ on the march after strong growth in new orders
"Our focus for the remainder of the year is to win further campaigns globally, successfully deliver key programmes, and complete the acquisition of MTEQ."
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United Utilities and Intertek Group to be in focus on a busy Thursday
United Utilities, Intertek, Mitchells & Butlers, TalkTalk Group, and Tate & Lyle are all in the schedule for Thursday.
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QinetiQ to get £1.3bn revenue boost from amended long term partnership agreement with UK MoD
Under the amended agreement, the group will modernise 16 critical defence facilities in the UK, with the ministry to invest £190mln in modernising the infrastructure, equipment, and working practices across all the sites
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QinetiQ's North America unit wins US$164mln contract to provide small ground robots for the US Army
The CRS(I) robot is designed to be back-packable and is equipped with advanced sensors and mission modules for dismounted forces to enhance mission capabilities
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QinetiQ maintains expectations in trading update
The FTSE 250 defence technology company said its EMEA Service division had increased both its revenue and orders compared to the same period last year
FTSE 100 closes down as market awaits Trump/Juncker meeting
The UK blue-chip index closed around 50 points lower at 7,658, while FTSE 250 was also down - over 99 points at 20,753